Tax

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Changes to Accounting Obligations in Ecuador During COVID-19

Learn how Ecuador has modified some of its accounting obligations for companies due to the current situation and economic uncertainty facing the country. Ecuador, like many other countries, has been affected economically, politically and socially by COVID-19. However, despite the current situation and existing restrictions, companies operating in the country have continued their commercial activities …

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Team discussing the accounting and taxation requirements in Bolivia

What are the Accounting Requirements in Bolivia?

Expanding multinationals must understand and comply with their accounting requirements in Bolivia. This is crucial for business success when setting up and operating commercially over the long term. Failure to comply with local accounting and tax obligations could result in financial or other sanctions. We give an overview on the accounting and tax obligations in …

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Sandra Vargas, Manager for Accounting, Tax and Payroll Services in Colombia

Meet Sandra Vargas, Manager of Accounting and Payroll Services in Colombia

Sandra Vargas, our Accounting Manager in Colombia, oversees all the operations and service delivery of Biz Latin Hub’s largest accounting team. In our Corporate Office in Bogotá, Sandra is responsible for ensuring the delivery of the highest quality accounting, tax and payroll services in Colombia, which is our largest client base. Sandra has been a …

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Economic Growth Law: Tax Discounts for Business in Colombia

On 27 December 2019, Colombian President Ivan Duque signed the country’s new Economic Growth Law, called ‘Ley de Crecimiento Económico’, a stimulus package aimed to support business and low income households. The law introduces new tax discounts for businesses in Colombia, among other reduced taxes and contributions for households. Colombia is one of the most …

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Panama, Central America

Key Requirements for Corporate Compliance in Panama

Panama is emerging as a regional hotspot for commercial activity and increasing opportunities for foreign businesses. The country famously offers globally competitive conditions for company formation and tax compliance, projecting it as a leader in Central America for investment and economic growth. It’s crucial for businesses to understand their obligations for corporate compliance in Panama. …

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